Lockheed (LMT), Northrop (NOC), And RTX Post Record Backlogs And Raise Guidance On Defense Surge

Lockheed Martin (LMT), Northrop Grumman (NOC), and RTX (RTX) posted record backlogs and raised guidance, driven by near-term missile defense demand and long-term military modernization programs. Northrop Grumman raised its 2026 sales and earnings outlook after reporting stronger second-quarter bookings and revenue growth across all four of its business segments. CEO Kathy Warden said the…

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RTX (RTX) And Lockheed Martin (LMT) Lift Full-Year Guidance After Strong Q2 Results And Record Backlog

RTX (RTX) and Lockheed Martin (LMT) both raised their full-year financial guidance following strong second-quarter performances that included record backlog figures. The two major US defense contractors reported results that exceeded expectations, prompting upward revisions to their respective outlooks for the remainder of the year. RTX shares climbed 1.74% following the announcement, reflecting investor confidence…

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RTX Corporation (RTX) Posts Record $289 Billion Backlog As Q2 Earnings Beat Expectations

RTX Corporation (RTX) delivered a strong second-quarter performance, reporting adjusted sales of $24.7 billion, up 16% organically compared to the same period last year. Adjusted earnings per share climbed to $1.89, representing a 21% year-over-year increase driven by 18% growth in segment operating profit across the company’s major divisions. Free cash flow reached $2.9 billion…

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RTX Corp (RTX) Raises Full-Year Outlook After Posting 16% Organic Sales Growth In Q2 2026

RTX Corp (NYSE: RTX) delivered a strong second quarter, reporting adjusted sales of $24.7 billion, representing 16% organic growth compared to the same period last year. Adjusted earnings per share came in at $1.89, a 21% increase year over year, signaling broad-based momentum across the company’s three major business segments. The defense and aerospace giant…

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RTX (RTX) Surges On Beat-And-Raise Quarter But Two Iran War Risks Cloud The Outlook

RTX (RTX) shares climbed after the aerospace and defense giant delivered a strong earnings report that beat expectations and raised its full-year financial guidance. The company posted what investors have long craved from a major defense contractor: a clean beat-and-raise quarter that signals operational momentum and growing revenue visibility. For 2026, RTX now expects full-year…

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Nasdaq And S&P 500 ($GSPC) Suffer Steepest Single-Day Losses In Over A Month As Brent Crude Surpasses $100

Wall Street endured a bruising session on Thursday as both the Nasdaq Composite and the S&P 500 ($GSPC) posted their worst single-day performances in more than four weeks. The simultaneous slide across major indices reflected growing investor unease as energy prices surged to a psychologically significant threshold. Brent crude oil topped $100 per barrel, a…

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